Dividend unchanged from previous quarter

OKLAHOMA CITY, Dec. 2, 2015 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) announced today that its Board of Directors has approved a first-quarter dividend of $0.275 per common share of stock, to be paid Jan. 29, 2016 to shareholders of record on Jan. 8, 2016.

OGE Energy is the parent company of OG&E, a regulated electric utility serving approximately 819,000 customers in Oklahoma and Western Arkansas. In addition, OGE holds 26.3 percent limited partner interest and 50 percent general partner interest in Enable Midstream Partners LP.

E&Ps Locking in Cash Flows and Sales Prices OPEC’s agreement to cut production levels has kicked off a rush among shale oil companies to hedge their oil price risk above $50 for 2017 and 2018. The number of E&Ps selling oil for delivery next year has pushed the WTI forward curve into slight backwardation after two years of contango. Compare[Read More…]